Drop in yields offsets Stamp Duty increase

By James Whitmore and James Whitmore16 April 1999

Both the all-property equivalent and initial yields fell by 0.1% in March to 7.2% and 7.3% respectively. The drop in yields more than offset the impact of the rise in Stamp Duty, causing capital values to rise by 0.2%. This contrasts with the situation a year ago when a larger ...

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